Key Takeaways
Who is involved with Aster DEX from Binance?
Rumors are spreading that Changpeng Zhao (CZ), Binance founder, serves as an advisor for Aster DEX, guiding product and technical matters.
What has been the recent trading performance of $ASTER?
ASTER traded at $1.79 after a 7.18% dip in 24 hours. The token rallied nearly 90% this week, recovering from an earlier 30% correction.
The crypto community has been abuzz with speculation around Binance [BNB] founder Changpeng Zhao, widely known as CZ, and his involvement with the new decentralized perpetuals exchange, Aster DEX.
Aster, which launched its ASTER token just eleven days earlier on the 17th of September, has quickly made waves. It recorded $545 million in total value locked (TVL) and $1.7 billion in weekly trading volume.
As per rumors, the project, built on BNB Chain, includes former Binance employees and has secured a minority investment from Binance’s…
